The Latest Breaking News from US Federal Reserve

The Federal Reserve kept its federal funds rate unchanged at a 22-year high of 5.25% to 5.5%.

Central bank maintains benchmark federal funds rate but chair Jerome Powell leaves door open to further increases

Employers posted 9.6 million job openings in September, up from 9.5 million in August and a sign that the U.S. job market remains strong in the face of higher interest rates

Although the Fed will likely keep the interest rates unchanged in its upcoming meeting, financial companies will likely benefit from the high-interest rate environment, with no possibility of a rate-cut initiative soon. Therefore, it could be wise to add fundamentally strong financial stocks Global Payments (GPN), Visa (V), and FirstCash…

December S&P 500 futures (ESZ23) are up +0.24%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.19% this morning as market participants geared up for the Federal Reserve’s interest rate decision while also awaiting the release of fresh labor market data.

December S&P 500 futures (ESZ23) are down -0.03%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.02% this morning as market participants geared up for the Federal Reserve’s interest rate decision while also awaiting the release of fresh labor market data.

December E-Mini S&P 500 futures (ESZ2 3) are up +0.05%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.06%. Stock index futures this morning recovered from overnight losses and are slightly higher after the Oct ADP employment change rose less than expected, a dovish factor for Fed...

The United Auto Workers have scored a major victory. And it could be a sign of more to come for workers – unless the Fed undermines them again

Chamath Palihapitiya calls out fiscal policies and suggests selling long-dated maturities to match America's future